Here are the real estate housing trends and property statistics for Parma, Ohio between June and September, 2008. Parma, Ohio is one of the larger cities in the Cleveland area and Northeast Ohio, so looking at these trends will give you a good idea of other cities. Of course not all cities are the same, and if you'd like an MLS property report of active, sold, pending and expired houses in your area, please contact us.
Current Homes For Sale in Parma, Ohio
Active Listings - 528
Average List Price - $127,276
Average Days On The Market - 99
Average Size - 1,416 SqFt - 3 bedroom, 1 bath
Homes That Are Contingent - (Under Contract)
Contingent Listings - 23
Average List Price - $84,972
Average Days On The Market - 83
Average Size - 1,278 SqFt - 3 bedroom, 1 bath
Homes That Are Pending - (Under Contract With No Contingencies)
Pending Listings - 121
Average List Price - $104,120
Average Days On The Market - 72
Average Size - 1,336 SqFt - 3 bedroom, 1 bath
Homes That Have Expired - (Haven't Sold)
Expired Listings - 254
Average List Price - $130,531
Average Days On The Market - 147
Average Size - 1,444 SqFt - 3 bedroom, 1 bath
Homes That Have SOLD - (The Real Numbers To Watch)
Homes That Have Sold - 242
Average List Price - $111,744
Average Sales Price - $106,450
Average Days On The Market - 78
Average Size - 1,341 SqFt 3 bedroom, 1 bath
Currently, the homes that are active on the market are asking $95 a SqFt. Homes are currently selling for $82 a SqFt. (Around 95% of their asking price)
These Parma statistics are important to know and understand if you're a home buyer looking in Parma or if you're considering selling a home in Parma. Of course these numbers are all averages and bank owned homes which sell for lower amounts are included along with the top dollar homes. Every home is unique and needs its own individual evaluation. If you're interested in having your house evaluated, you can fill out the Home Value form and we'd be happy to email you a report or discuss the process and details with you further. Or, if you're interested in buying a home in Parma, you can fill out the Find A Home Form.
Current Homes For Sale in Parma, Ohio
Active Listings - 528
Average List Price - $127,276
Average Days On The Market - 99
Average Size - 1,416 SqFt - 3 bedroom, 1 bath
Homes That Are Contingent - (Under Contract)
Contingent Listings - 23
Average List Price - $84,972
Average Days On The Market - 83
Average Size - 1,278 SqFt - 3 bedroom, 1 bath
Homes That Are Pending - (Under Contract With No Contingencies)
Pending Listings - 121
Average List Price - $104,120
Average Days On The Market - 72
Average Size - 1,336 SqFt - 3 bedroom, 1 bath
Homes That Have Expired - (Haven't Sold)
Expired Listings - 254
Average List Price - $130,531
Average Days On The Market - 147
Average Size - 1,444 SqFt - 3 bedroom, 1 bath
Homes That Have SOLD - (The Real Numbers To Watch)
Homes That Have Sold - 242
Average List Price - $111,744
Average Sales Price - $106,450
Average Days On The Market - 78
Average Size - 1,341 SqFt 3 bedroom, 1 bath
Currently, the homes that are active on the market are asking $95 a SqFt. Homes are currently selling for $82 a SqFt. (Around 95% of their asking price)
These Parma statistics are important to know and understand if you're a home buyer looking in Parma or if you're considering selling a home in Parma. Of course these numbers are all averages and bank owned homes which sell for lower amounts are included along with the top dollar homes. Every home is unique and needs its own individual evaluation. If you're interested in having your house evaluated, you can fill out the Home Value form and we'd be happy to email you a report or discuss the process and details with you further. Or, if you're interested in buying a home in Parma, you can fill out the Find A Home Form.
posted by Cecilia Sherrard at
9/26/2008
2 Comments:
Thank you for posting information like this on your website. Love the explanations of what each designation (active, pending, etc.) means so that anyone can understand these statistics. Sounds like the market in Parma isn't quite as bad as in some areas. Thank you so much for the update.
Thank you so much for compiling this information for everyone. I live in Parma and check the stats every once in a while (I need to do major repairs which is why this important). You and your agents should be commended.
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